Explorer

India’s Inflation Rises To 3.21 Per Cent In February, But Vegetable Prices Fall Sharply

There was an increase of 0.47 per cent in the CPI inflation in February compared to the revised figure of 2.74 per cent for January this year, when the new series was launched.

Show Quick Read
Key points generated by AI, verified by newsroom
  • India's February inflation rose to 3.21% year-on-year.
  • This marks an increase from January's revised 2.74%.
  • Vegetable prices dropped over 10% in February.

India's inflation rate, based on the new Consumer Price Index (CPI) series with 2024 as the base year, edged up to 3.21 per cent for February compared to the same month of the previous year, according to data released by the Ministry of Statistics on Thursday.

There was an increase of 0.47 per cent in the CPI inflation in February compared to the revised figure of 2.74 per cent for January this year, when the new series was launched.

However, there was a more than 10 per cent decline in the index of key vegetables, including tomato, peas, and cauliflower, in February compared with January, the figures showed.

Overall food inflation for the month of February compared to the same month of the previous year stood at 3.47 per cent, while housing inflation was estimated at 2.12 per cent.

Real-time price data are collected from selected 1407 urban markets (including online markets) and 1465 villages covering all states and UTs through personal visits by field staff of the Field Operations Division of the NSO, MoSPI, on a weekly roster. During the month of February, 2026, prices were collected from 100 per cent rural and urban markets, while the market-wise prices reported therein were 99.89 per cent for rural markets and 99.78 per cent for urban markets, the official statement explained.

The base for the Consumer Price Index has now been revised from 2012 to 2024 using the Household Consumption Expenditure Survey 2023-24 for the first time in January this year.

The Consumer Price Index (CPI) with Base 2024=100, while the item basket and the corresponding weights are based on the Household Consumption Expenditure Survey 2023-24. The exercise is being done to enhance the coverage and representativeness of the inflation measure. The revision introduces more granular data, enabling policymakers, financial institutions, businesses and citizens with precise data-driven decisions, according to an official statement.

(Disclaimer: This report has been published as part of the auto-generated syndicate wire feed. Apart from the headline, no editing has been done in the copy by ABP Live.)

Frequently Asked Questions

What was India's inflation rate in February?

India's inflation rate in February was 3.21% compared to the same month last year, based on the new CPI series with 2024 as the base year.

How did February's inflation rate compare to January's?

February's CPI inflation increased by 0.47% from the revised figure of 2.74% for January.

What happened to vegetable prices in February?

There was a decline of over 10% in the index of key vegetables like tomatoes, peas, and cauliflower in February compared to January.

What is the new base year for India's Consumer Price Index?

The base year for the Consumer Price Index has been revised from 2012 to 2024, based on the 2023-24 Household Consumption Expenditure Survey.

Top Headlines

Good News For UP Employees! DA Hiked To 63%, 4 Months' Arrears To Be Credited To PF
DA Hike Before Diwali! UP Employees To Get Higher Allowance, Here's What Changes
Claude Can Read Your Bank Statements: How Anthropic's New Personal Finance Tool Works
Claude Can Read Your Bank Statements: How Anthropic's New Personal Finance Tool Works
Uttarakhand DA Hike: CM Dhami Approves 3% Increase, Employees To Get Arrears From July
Uttarakhand DA Hike: CM Dhami Approves 3% Increase, Employees To Get Arrears From July
From Diwali Envelopes To Wedding Gifts: How To Make Shagun Work For Your Budget
The Financial Meaning Of Shagun: How Indian Families Can Budget For Festive Giving This Diwali

Videos

Election Fallout: Iran War Takes Centre Stage After Trump’s Midterm Setback
PCS Controversy: BJP Targets Bhagwant Mann Government Over Punjab PCS Results
Nagaur Blast: Massive Firecracker Factory Explosion Kills Two
Delhi Tragedy: Building Collapses During Fourth-Floor Slab Construction
Delhi Collapse: Three-Storey Under-Construction Building Crumbles in Chawri Bazaar

Photo Gallery

25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Embed widget